30 May 2023
SAGA PLC ("THE COMPANY") - DIRECTOR/PDMR SHAREHOLDING
Pursuant to the notification obligations under Article 19 of the Market Abuse Regulation, the Company hereby notifies the following changes in the interests of directors and persons discharging managerial responsibility ("PDMRs") in Ordinary Shares of 15 pence each in the Company ("Shares").
Deferred Bonus Plan ("DBP")
On 26 May 2023, the Company granted awards (in the form of nil-cost options) over Shares under the DBP as set out in column 3 of the below table. The number of Shares has been determined by reference to the price of a Share on Thursday 25th May 2023 (111.0 pence per Share). The DBP award represents the portion of each individual's annual bonus for 2022/23 that they are required to defer into shares. The shares are subject to a three-year holding period (26 May 2023 to 25 May 2026).
| 1. Name | 2. Status | 3. No of Shares |
| Euan Sutherland | Director/PDMR | 115,792 |
| James Quin | Director/PDMR | 60,073 |
| Steve Kingshott | Director/PDMR | 41,015 |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | 1. Euan Sutherland 2. James Quin 3. Steve Kingshott | |
| 2 | Reason for the notification | ||
| a) | Position/status | 1. Director, Group Chief Executive Officer 2. Director, Group Chief Financial Officer 3. Director, Saga Insurance CEO | |
| b) | Initial notification /Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Saga plc | |
| b) | LEI | 2138004WWUJN94K2LH95 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 15 pence | |
| GB00BMX64W89 | |||
| b) | Nature of the transaction | Awards made pursuant to the Saga plc Deferred Bonus Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 1. £nil 2. £nil 3. £nil | 1. 115,792 2. 60,073 3. 41,015 | ||
| d) | Aggregated information - Aggregated volume - Price |
n/a | |
| e) | Date of the transaction | 26 May 2023 | |
| f) | Place of the transaction | Outside of trading venue | |
Enquiries
| Saga plc Enbrook Park Sandgate Folkestone Kent CT20 3SE | Vicki Haynes Company Secretary 01303 771 199 |
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